Clearing
 

The Chamber, since its inception is using a well-established system of Clearing, settlement and Guarantee. The employees of the Chamber manage the system. In addition there is Clearing House Committee of the Chamber, which not only oversees the working of the system but also ensures its impartial and uniform implementation.

The members who desire to participate in the future trade are required to register them selves with the Clearing System. After marking proper application and paying registration fee and the deposits.

As per the current rules members have to make a deposit at rate of Rs, 5/-per 40 Kg of commodity. As per the Daily Clearing the loss amount is demanded from the members and they must pay the Loss Deposit and or the Margin Money on a daily Basis. In Case of delay the member are warned and their limits are reduced. The outstanding can also be recovered from the deposit made by the members. In worst case of failing to pay the membership can also be terminated. Even in pastime certain cases the Chamber has taken such drastic step against the defaulting members.

As for the Trade Guarantee, the Chamber has already taken initiative to generate the Trade Guarantee Fund by way of keeping aside money pr unit traded by the members. This fund as on date stands at Rs.